Kaiko, the cryptocurrency industry’s leading data and research firm, has announced some of the best-performing tokens in this mini bull rally between late 2023 and 2024. Bulls are driving the market towards the ATH level as these new projects and tokens enter the space.
The cryptocurrency spot transaction volume of these tokens reached 8 billion dollars
Kaiko reported on February 22 that eight tokens have seen $8 billion in net trading volume since the bull run began in November 2023. These tokens entered the market in 2023 and early 2024. Additionally, some continue to see large trading volumes on a daily basis. Tokens listed by Kaiko: Bittensor (TAO), Dymension (DYM), Pyth Network (PYTH), Sui (SUI), Aptos (APT), Jupiter (JUP), Sei (SEI) and Celestia (TIA). Weekly spot volume on central exchanges for these new tokens is $8 billion.
Bittensor (TAO) is a pioneer in performance!
Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network that enables the development and implementation of artificial intelligence models. TAO is up more than 550% since last November, with a steady jump in trading volumes. The price hit an ATH level of $698.62 on February 16 amid AI buzz. The token is currently trading at $624. Additionally, TAO increased by approximately 10% in the last 24 hours and 145% in a month. Experts predict that upward momentum on artificial intelligence excitement could push the price above $1,000.
RollApps is powered by Dymension (DYM)
Dymension is a home for easily deployable and lightning-fast application blockchains called RollApps that enable interoperability and communication between different Blockchain ecosystems. DYM price is up 52% since its launch at the end of January. At the time of writing, the cryptocurrency was trading at $7.07, up 2% in the last 24 hours. The ATH value of the token reached $8.66 on February 14.
Pyth Network (PYTH)
Pyth Network is the largest and fastest growing first-party oracle network providing real-time market data to financial dApps across the blockchain. The token price reached ATH at $0.683 on February 14 after entering the market in January. Transaction volumes increased by over 60%. In the last 24 hours, the price increased by 2% to $0.549. Its market cap is $834 million at the time of writing.
Exceptional run from Sui Network (SUI)
Sui is a Layer 1 Blockchain designed to make digital asset ownership fast, private, secure and accessible. The cryptocurrency price has increased by over 3% in the last 24 hours. Additionally, the cryptocurrency was trading at $1.69 at the time of writing. SUI is up over 360% since November. SUI reached ATH on February 14 at $1.96.
Aptos (APT) attracts great attention
Aptos is called an independent Layer 1 Blockchain that focuses on security and scalability that enables growth within a decentralized network and developer ecosystem. Altocin has attracted a lot of attention since its entry into the market last year. APT price is up 120% since November. Thus, the cryptocurrency price reached $10.75 on December 27. The token rose in price by 2% to $9.38 in the last 24 hours. Its market cap is $3.44 billion at the time of writing.
Jupiter (JUP)
Jupiter is a Solana DEX that is considered the best on-chain trading platform for spot picking, DCA and perpetual products, providing the core liquidity infrastructure for the Solana ecosystem. Jupiter recently launched the JUP token on January 31. JUP price has fallen, but it shows significant promise. JUP is currently trading at $0.48, up 1% in the last 24 hours. Its market cap is over $650 million at the time of writing.
Sei (SEI)
Sei is a trading-focused Layer 1 Blockchain backed by leading investors and designed for speed, low fees, and other features that support trading applications. The token price has increased by 750% since November. Thus, the cryptocurrency reached an ATH of $1.03 on February 18. Over the last 24 hours, the price entered a correction, dropping 11% to $0.85. Its market cap is $2.17 billion at the time of writing.
Celestia (TIA)
Celestia (TIA) is the first modular Blockchain network that allows anyone to easily build their own Blockchain with minimal effort. Similar to Sei, Celestia is one of the major blockchains contributing to $8 billion in transaction volume. TIA price is up over 750% since its debut on October 31st. cryptokoin.comAs you follow from , the cryptocurrency reached ATH on February 10 with $ 20.91. The token price increased by 2% to $17.43 in the last 24 hours. Its market cap is $2.89 billion at the time of writing.
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